Cumberland DRW LLC is a global leader in cryptoassets. We provide the access that financial institutions and high net worth individuals need to capitalize on opportunities in the cryptoasset space, while working to ensure that the ecosystem continues to grow and evolve in a responsible, sustainable way.
Founded in 2014, Cumberland is a proud part of DRW, a diversified principal trading firm with more than 25 years of experience across asset classes, instruments, and strategies, in markets around the world. We’re dedicated to delivering professional onboarding and relationship management, timely and efficient settlements, and 24⁄7 access to a unique depth and breadth of cryptoassets.
We welcome the opportunity to transact with you. In order to get access to the Cumberland experience, apply online here. Please take a moment to review the required information you’ll be asked to provide as part of the process. After submitting, you will receive a notification that your application has been received and that a Cumberland onboarding professional will respond promptly. If you have provided all of the necessary requirements, you should expect prompt update on your status within 3 to 4 business days.
As a counterparty of choice, Cumberland strives to offer a level of personalized service and attention you won’t find anywhere else. Once you are approved as a counterparty, we work to make the process fast and seamless – quickly quoting you prices to trade and ensuring your trade is settled as efficiently as possible, often in less than 24 hours.
We trade roughly 30-35 cryptoassets, including the list below. Markets are priced in fiat currency or crypto we trade. We also can facilitate crypto-to-crypto transactions.
- BTC (Bitcoin)
- BCH (Bitcoin Cash)
- BTG (Bitcoin Gold)
- ETH (Ethereum)
- ETC (Ethereum Classic)
- DCR (Decred)
- EOS (EOS)
- LTC (Litecoin)
- TUSD (TrueUSD)
- USDT (Tether USD)
- XLM (Stellar)
- XRP (Ripple)
- ZCL (ZClassic)
- ZEC (Zcash)
Cumberland trades cryptoassets against 12 fiat currencies, in addition to the US Dollar. At this time, this option is only available to individuals who reside in the United States and to financial entities. Settling trades in non-USD fiat is not yet available for non-US individuals.
Our list of available currencies includes:
- United States Dollar (USD)
- British Pound (GBP)
- European Euro (EUR)
- Canadian Dollar (CAD)
- Australian Dollar (AUD)
- Swiss Franc (CHF)
- Hong Kong Dollar (HKD)
- Israeli Shekel (ILS)
- Indian Rupee (INR)
- Japanese Yen (JPY)
- New Zealand Dollar (NZD)
- Singapore Dollar (SGD)
- South African Rand (ZAR)
Our current minimum trade size is $100,000 USD, or equivalent cryptoasset, per transaction.
We are a principal trading firm and trade for our own account at our own risk. As such, we do not charge any fees. We calculate a price based on a number of factors, including current index prices, market liquidity, volatility, and our overall position in the market.
As part of the Cumberland experience, our dedicated team is standing by to assist you with any questions you may have. Please use the contact information below to get in touch today.
Application and Onboarding: Please contact us at [email protected], and we’ll be happy to help.
Business Development: Have an idea to share or a desire to learn more about Cumberland? Please feel free to contact us at [email protected] and a Cumberland business development professional will contact you promptly.
Relationship Management: If you have an existing relationship with us and you have a question about the Cumberland experience, please contact us at [email protected] and a Cumberland relationship manager will contact you promptly.
Media and Communications: For media or speaking inquiries, please contact us at [email protected].